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Park Terrace Garden

62 Park Terrace West, New York, NY 10034
Co-op in Inwood
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The property has no active listings. Please see other similar options below.
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Park Terrace Garden is a Co-op located 62 Park Terrace West, in Inwood, New York. The building was first built in 1939 and is 85 years old. It was first renovated and altered in 1985. The lot that the building was built on is 181 feet wide and 113 feet long. The official lot area is listed as 21,000 square feet. The building itself is 160 feet wide and 84 feet long. In total, 62 Park Terrace West has a total floor area of 87,400 square feet. Of that, 87,400 square feet are used for residential purposes. There are a total of 78 units. Of those, 78 are residential units. 62 Park Terrace West has a total of 9 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. On weekends, residents can enjoy the building's deck. Alternatively, take a stroll around the building's garden. Residents who own pets will be happy to hear that the building is pet-friendly. There are 64 closings on record, of which we have matching data for 7 listings. In the past 3 years, a listing in this building will typically remain on the market for about 118 days Meaning, listings tend to sell at a median of $556 price per square foot. The transaction that took the longest to complete was unit A88, listed on Jul 07, 2021 for $869,000. This particular unit ultimately sold 156 days later for $845,000. The most recent transaction was for unit A73, sold for $380,000 on Sep 15, 2022. Fun fact, the oldest transaction we have on record took place on Sep 20, 1968. See the full transaction history for Park Terrace Garden below.

Inwood, where 62 Park Terrace West is located, has a median asking price of $950,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $552,000. For interested buyers, that means the building's median asking price is around 0.42% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Outdoor Space

Garden Courtyard Roof Deck Terrace

Building Style

Prewar

Services

Doorman Concierge

Pet Policy

Dogs Allowed / Cats Allowed

Accessibility

Elevators

Condition

New Construction

Facilities

Bike Room Laundry Room

Ownership & Occupancy

Pied-à-Terre Allowed Sublets Allowed

Laundry

Washer / Dryer Allowed

Parking

On-Street Parking
This property description is generated based on publicly available data.

9 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220212 Unit A25
02/12/2022
A25
2 Bed
1 Bath
975 ft²
$540,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
975 ft²
$530,000 -1.85%
06/21/2022
Joseph Burby
New Heights Realty
20210707 Unit A88
07/07/2021
A88
2 Bed
2 Bath
1100 ft²
$869,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1100 ft²
$845,000 -2.76%
12/10/2021
Susanna Saarinen
Access Property Group Inc
20201116 Unit A39
11/16/2020
A39
2 Bed
2 Bath
-
$564,900
bedrooms
2 Bed
bathrooms
2 Bath
$560,000 -0.87%
04/13/2021
Robert Kleinbardt
New Heights Realty
20200411 Unit A47
04/11/2020
A47
2 Bed
1 Bath
975 ft²
$535,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
975 ft²
-
-
-
Robert Kleinbardt
New Heights Realty
20180903 Unit A26
09/03/2018
A26
1 Bed
1 Bath
800 ft²
$389,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
800 ft²
$392,000 +0.77%
12/18/2018
Rebecca Pelletier
New Heights Realty
20180530 Unit A59
05/30/2018
A59
2 Bed
2 Bath
-
$699,000
bedrooms
2 Bed
bathrooms
2 Bath
$650,000 -7.01%
11/13/2019
-
Susanna Saarinen
Access Property Group, Inc.
20170607 Unit A45
06/07/2017
A45
2 Bed
1 Bath
-
$549,000
bedrooms
2 Bed
bathrooms
1 Bath
$549,000
09/13/2017
Kelly Cole
Compass
20131003 Unit A69
10/03/2013
A69
2 Bed
2 Bath
1250 ft²
$511,250
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1250 ft²
$525,000 +2.69%
01/30/2014
Nancy Brennan
Corcoran Group
20120307 Unit A45
03/07/2012
A45
2 Bed
1 Bath
-
$399,000
bedrooms
2 Bed
bathrooms
1 Bath
$399,000
04/30/2013
-
Kelly Cole
The Corcoran Group

Building Info

Overview

    General

  • Year Built: 1939
  • First Altered Year: 1985
  • Building Count: 1
  • Floor Count: 9
  • Total Unit Count: 78
  • Residential Unit Count: 78
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 21,000
  • Lot Size Depth Feet: 113
  • Lot Size Frontage Feet: 181
  • Building Depth: 84
  • Building Frontage: 160
  • Gross Building Area: 87,400

    Building Floor Area

  • Residential Building Floor Area: 87,400

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: D4
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 112
  • City Council District: 10
  • Police Precinct: 34
  • Fire Company: E095
  • Health Area: 110
  • Sanitation District Borough: 1
  • Sanitation Subsection: 4B
  • School District: 06

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 2243
  • Lot: 240
  • Borough Block Lot: 1022430240

    Address

  • Full Address: 60 Park Terrace West
  • Zip Code: 10034

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,707,650
  • Assessed Land Value: $708,750

    Exemptions

  • Exempt Total Value: $101,389
  • Exempt Land Value: $0

About Upper Manhattan



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Frequently Asked Questions

What neighborhood is 62 Park Terrace West located in?
The 62 Park Terrace West is a Co-op located in the neighborhood of Inwood in Upper Manhattan, New York.
What is the average sales price for listings in 62 Park Terrace West?
The average sales price for units in 62 Park Terrace West is $552,000 , or $556/sqft. currently.

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